Swallowing Diamonds
March 06, 25 by John JeffayIt's hard to swallow. In fact most of us would probably choke trying to down over 13 carats of Tiffany's finest diamonds. But that, allegedly, is how Jaythan Lawrence Gilder, aged 32, responded when cops in the US finally caught up with him last... Read More...
A New Winston Legacy
February 27, 25 by John JeffayHarry Winston was just 12 when spotted a two-carat emerald in a tray of costume jewelry at a pawn shop, bought it for 25 cents, and sold it two days later for $800. That's just one of the many remarkable stories about the late King of Diamonds, who... Read More...
It's a Shame: China's Diamond Decline
February 20, 25 by John JeffayThe diamond industry has been waiting for demand in China to bounce back. And waiting. And waiting. Three years of zero Covid tolerance finally came to an end in December 2022, but the long-awaited recovery did not follow. Quite the opposite, in fact... Read More...
Israel's Landmark Visit to Qatar
February 13, 25 by John JeffayHistory will judge the visit by an Israeli delegation to a diamond conference in Qatar last month. With all eyes on Gaza, Qatar mediating a fragile ceasefire between Israel and Hamas, and the precarious on-off hostage release, we may be too close to... Read More...
De Beers and Botswana: The Long Delay
February 06, 25 by John JeffayIt's the announcement the diamond world had been eagerly awaiting. "The Government of the Republic of Botswana and De Beers Group are pleased to announce they have reached an agreement in principle on a new 10-year Sales Agreement for Debswana's... Read More...
Shred, Baby, Shred!
January 30, 25 by Chaim Even-ZoharAlmost 10 years ago, I exposed a still ongoing fraud in the diamond industry. I wrote: "Alibaba, the leading online internet platform for global wholesale trade, has been sending special Trade Alerts promotions by email to millions of potential diamond buyers... Read More...
The Brutality of Namdia Diamond Heist
January 23, 25 by John JeffayA man appeared in court on Tuesday, charged with the murder of a security supervisor at Namdia, Namibia's state-run diamond marketing company, and the theft of rough stones reckoned to be worth at least $15m (N$280). A second defendant, in hospital at the... Read More...
The Future is Integration
January 16, 25 by Erez RivlinThere is quite a wide consensus regarding the three fundamental solutions for the current crisis in the diamond industry. Advertising, advertising, and then some more advertising. So far, it seems nobody has come up with even a small share of the money necessary to cure the industry of its Read More...
2025: Where Next for Lab Growns?
January 09, 25 by John JeffayHappy New Year. And welcome to a 2025 filled with opportunities - and uncertainties. The diamond industry is at an inflection point, according to the global management consultants McKinsey & Company. The supply chain is normalizing after Covid disruption... Read More...
The Brazen Gem Burglar
January 02, 25 by John JeffayIt's one of the biggest and most brazen gem burglaries in Britain. A lone raider broke into a millionaire's mansion in London, cracked the safe and ran off with over $13m of jewelry. He struck on a Saturday afternoon, climbing through a second-story window while... Read More...
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